Graphano Energy (CVE:GEL) Trading Up 15.8% – Here’s What Happened

Graphano Energy Ltd. (CVE:GELGet Free Report)’s share price traded up 15.8% during mid-day trading on Friday . The company traded as high as C$0.11 and last traded at C$0.11. 4,000 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 31,603 shares. The stock had previously closed at C$0.10.

Graphano Energy Price Performance

The stock has a market cap of C$1.89 million, a price-to-earnings ratio of -1.53 and a beta of -0.42. The firm’s 50-day moving average is C$0.09 and its 200 day moving average is C$0.08.

Graphano Energy Company Profile

(Get Free Report)

Graphano Energy Ltd., a mining company, focuses on the evaluating, acquiring, and developing graphite resources in Canada. The company holds a 100% interest in the Lac Aux Bouleaux Graphite property located in Quebec; and Dudley and Lac Vert-Bouthillier graphite project. It also holds an option agreement to acquire 100% interest in the Standard Graphite Mine.

Recommended Stories

Receive News & Ratings for Graphano Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graphano Energy and related companies with MarketBeat.com's FREE daily email newsletter.